(AlbertaIndex, March 28, Friday)--- Calgary’s ENMAX Energy Corporation said its subsidiary, ENMAX Green Power Inc, has agreed to acquire Kettles Hill Wind Energy Inc, the owner and operator of the Kettles Hill wind farm, for $163 million including debt.

    The Kettles Hill Windpower Facility, located near Pincher Creek, comprises 35 Vestas turbines with a capacity of 63MW to power up 27,000 homes. The wind farm, sited adjacent to an existing 138 kV transmission line, has the potential to be expanded by 77 MW.
 
ENMAX said that as demand for energy from cleaner, sustainable sources continues to grow, there has been an increased focus on producing more wind power in the province.

Since the removal of the cap restricting Alberta's allowable wind power in September of 2007, more than 9,000 MW of new wind farm developments have been proposed.

Alberta is the first province in Canada to pass 500 MW of installed wind power capacity.

“This will help us meet rising demand for wind power and our Greenmax program,” said Gary Holden, President and CEO of ENMAX Energy. “This helps satisfy rapidly growing customer demand and is consistent with our long-term strategy to supply energy from renewable resources. This transaction furthers our goal to have all of our customer's energy needs met by renewable energy, cogeneration and the best available natural gas or coal gasification technology. This is another step toward achieving that goal.”

ENMAX Energy Corporation, a subsidiary of ENMAX Corporation, is Alberta’s leading competitive electricity retailer. ENMAX Energy also provides natural gas and value-added services to residential, commercial and industrial customers throughout Alberta.

ENMAX Energy is one of Alberta’s largest investors in renewable energy with partial ownership of the McBride Lake wind farm and complete ownership of the Taber Wind Farm. The company’s Greenmax was one of the first green power marketing programs in Canada, and celebrates its 10th anniversary in 2008.

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